Examples of Seoul Business Day in a sentence
In the event the Scheduled KRW Valuation Date becomes subject to the adjustment as set forth in the previous paragraph upon the occurrence of an Unscheduled Holiday and the KRW Valuation Date has not occurred on or before the 14th consecutive day after the Scheduled KRW Valuation Date (any such period being a "Deferral Period") then the next day after the Deferral Period that would have been a Seoul Business Day but for the Unscheduled Holiday shall be deemed to be the KRW Valuation Date.
Interest will be payable on the other Portfolio Security (the "Semi-Annual Portfolio Security") semi-annually in arrear on the 8th day of Apriland October of each year (or if such day is not a Seoul Business Day, the next Seoul Business Day) commencing in October 2008 (each a "Semi-Annual Portfolio Securities Payment Date" and, together with each Quarterly Portfolio Securities Payment Date, a "Portfolio Securities Payment Date").
Any such repurchase will take place on the Repurchase Date, which shall be a Seoul Business Day falling ten Seoul Business Days (or, in the case of a Set-off Breach, five Seoul Business Days) after the date of receipt of the Repurchase Notice served by the Purchaser (acting on the Security Agent’s instructions) on the Seller.
The Seoul Business Day (as defined in Article 8 (8)) immediately following the day on which a Conversion Notice has been deposited with the transfer agent or the Company, as the case may be, in full compliance with the procedures set forth in this Article 8 (5) (and subject to the conditions and requirements set forth in Article 8 (5) 3 (e), if applicable) is referred to herein as a "Conversion Date".
The Back-up Servicer will also receive copies of all relevant reports prepared by the Servicer pursuant to the Servicing Agreement but will not be required to comply with any standby servicing requirements (as specified in the Servicing Agreement) until the Seoul Business Day falling seven Seoul Business Days after the Seoul Business Day on which it has received notice of the occurrence of a Servicer Downgrade Event.
Not later than 8:00 a.m. (Korea time) on the Seoul Business Day following the Expiration Date, the Agent will advise the Company, in accordance with written instructions to be sent by the Company and received by the Agent, as to (i) the total number of New ADSs subscribed for pursuant to the exercise of ADS Rights and (ii) the aggregate amount of the ADS Subscription Deposit Price received by the Agent in respect of such subscriptions in U.S. dollars.
The Seoul Business Day (as defined in Article 8 (8)) immediately following the day on which a Conversion Notice has been deposited with the transfer agent or the Company, as the case may be, in full compliance with the procedures set forth in this Article 8 (5) (and subject to the conditions and requirements set forth in Article 8 (5) 3 (e), if applicable) is referred to herein as a “Conversion Date”.